Romanian president Nicusor Dan said the broad political agreement on key national priorities remains valid after the Parliament approved key reforms under the National Recovery and Resilience Plan (PNRR), but gave no indication of progress in talks to form a new government,
Romania's Ministry of Finance will cut the excise duty on standard diesel by 20% from August 16 to August 31, following a rise in international diesel quotations and domestic pump prices, the ministry said. The temporary reduction amounts to RON 561 per 1,000 litres, bringing the applicable excise duty to RON 2,243 per 1,000 litres, […]
Romania’s industrial production index contracted by 4.6% y/y in the second quarter (Q2) of 2026, marking the steepest decline since the lockdown in 2020, according to data published by the statistics office INS. In seasonally-adjusted terms, industrial output decreased by 0.4% q/q. In the core manufacturing sector, the production...
The National Bank of Romania (BNR) in its August 13 quarterly Inflation Report raised its forecast for end-2026 inflation by 0.6 percentage points to 6.1%, as governor Mugur Isărescu said the economy remained below potential amid fiscal consolidation and supply-side shocks. The new forecast, presented by Isărescu, puts inflation further above BNR's previous...
Romania's Q2 GDP recorded a decrease of 0.4% y/y under the previous-year-prices methodology, and by 2% y/y under the chain-linked-volumes methodology, the statistics office INS announced on August 14 under its flash estimate. The seasonally adjusted GDP (chain-linked-volume methodology) remained constant in Q2, compared to...
The Bucharest public can discover the city’s urban art through a series of guided tours and events organized as part of the project Un-hidden Bucharest. Inspired by Constantin Brâncuși’s legacy, the project invites the public to take part in five guided tours, discover a multidisciplinary artistic intervention, an exhibition, two interdisciplinary performances and two discussions, […]
Several Romanian films have been selected in sections of this year’s Sarajevo Film Festival, while others will be screened at the event outside of competitions. The feature film This Is Not Your Place Here, directed by Florin Șerban, has been selected for the official competition of the event. The film will have its international premiere […]
